Preferred Credit Union of Grand Rapids, MI has 24,136 members and assets of $156 million. The credit union, opened in 1968, has 58 full time employees and 5 part time employees , or 402 members per employee, compared to a national average of 430.

Preferred CU

Preferred Credit Union, Grand Rapids


Preferred Credit Union
3767 Sparks Dr Se
Grand Rapids, MI 49546

Preferred Credit Union of Grand Rapids, Michigan has been serving its members for more than 46 years, currently from 6 locations. It is classified as a state-chartered natural person credit union. It has the 3rd fastest growing membership in Michigan. It has the second fastest growing assets in Michigan.

Checking services include no cost share drafts, share certificates with low minimum balance requirements, bill pay services, overdraft protection and overdraft lines of credit. Debit cards and prepaid debit cards are available.

For members needing to establish credit, the credit union offers a credit builder program, share-secured credit cards and small dollar loans.

In addition to car loans and other types of credit, Preferred CU can do real estate loans. Conveniences include low-cost wire transfers and money orders. Preferred CU members may also take advantage of income tax preparation assistance and loans based on expected tax refund.

Business and professional services include business share accounts, business loans, micro business loans, mortgage processing and the credit union is an approved mortgage seller. Individuals with other financial, savings, and investment needs will appreciate health savings accounts, certificates of deposits and insurance/investment products that are offered.

The "virtual branch office" can be accessed via web based banking, automated telephone access and smartphone. From home, you can apply to join the credit union, apply for a loan, inquire into your account, order checks, pay your loan, view account history, make share account transfers, bill payments, download your account history and view statements.


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